Microstrategy Inc (NASDAQ:MSTR) traded at $222.99 at close of the session on Monday, November 04 and made a downward move of -2.93% on its previous day’s price.
Looking at the stock we see that its previous close was $229.71 and the beta (5Y monthly) reads 3.116 with the day’s price range being $220.82 – $231.68. In terms of its 52-week price range, MSTR has a high of $267.89 and a low of $42.40. The company’s stock has gained about 26.33% over that past 30 days.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Microstrategy Inc has a market cap of $42.45 billion and is expected to release its quarterly earnings report in December. Estimates by analysts give the company expected earnings per share (EPS) of -0.14, with the EPS growth for the year raised at -1.12 for current year and -1.12 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 124.16M, with a low of 118.3M and a high of 132.5M. The median projection represents growth adding up to -0.30% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 473.95M, or -4.50% down from figures reported last year.
On the other hand, looking at the outlook for the MSTR stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 6 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Microstrategy Inc (MSTR) stock as a Hold, while 5 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 2.35% off its SMA20 and 28.36% from its 50-day simple moving average. The RSI (14) is pointing at 56.51 while the volatility over the past week is 7.69% and jumps to 8.18% over the past one month. The beta value is 3.09, while the average true range (ATR) is currently pointing at 16.77. The average price target for the stock over the next 12 months is $208, with the estimates having a low of $110 and a high of $400. These price ends are 50.67% and -79.38% off the current price level respectively, although investors could be excited at the prospect of a 6.72% if the MSTR share price touches on the median price of $208.
Coming back to Microstrategy Inc (NASDAQ:MSTR), we note that the average 3-month trading volume was 14.17 million, while that of the preceding 10-day period stands at 21.5 million. Current shares outstanding are 202.64 million.
The insiders hold 19.60% of the company’s shares while institutions hold 46.26%. The data shows that short shares as of 2024-10-15, stood at 29.58 million at a short ratio of 1.82. This represents a 1620.00 short interest in shares outstanding on 2024-10-15. Shares short rose in October from the previous month at 25.86 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 253.04% up in year-to-date price movement.
